2nd Quarter 2026 Douglas County
In the second quarter of 2026, Douglas County’s commercial real estate market remained generally stable, with improving occupancy in the multi-family and industrial sectors and continued strength in retail. Office conditions were largely unchanged, while lease rates remained resilient across most property types. NavPoint Real Estate Group’s latest market update reflects a balanced market with continued demand across the county.
Multi-Family Market:
The multi-family sector reported an average lease rate of $2.17 per square foot and a vacancy rate of 9.5%. Lease rates increased from $2.15 per square foot in the first quarter, while vacancy declined from 10.7%, indicating improved absorption and stronger occupancy conditions.
Retail Market:
Retail continued to demonstrate strong fundamentals, posting an average lease rate of $30.94 per square foot and a low vacancy rate of 2.03%. Lease rates increased slightly from $30.88 per square foot in the previous quarter, while vacancy remained unchanged, reflecting continued demand and limited availability across the market.
Office Market:
Office properties recorded an average lease rate of $29.51 per square foot, essentially unchanged from $29.50 in the first quarter, while vacancy increased slightly from 12.9% to 13.1%. These figures suggest relatively stable conditions within the Douglas County office market despite a modest increase in available space.
Industrial Market:
The industrial sector reported an average lease rate of $14.58 per square foot and a vacancy rate of 5.9%. Lease rates declined from $14.76 per square foot in the previous quarter, while vacancy improved from 6.4%, suggesting continued absorption despite some moderation in rental pricing.
Overall, Douglas County maintained generally healthy commercial real estate fundamentals in the second quarter of 2026. Multi-family and industrial both experienced improved occupancy, while retail continued to benefit from low vacancy and stable pricing. Office conditions remained largely steady, reinforcing Douglas County’s position as an active and resilient commercial real estate market as 2026 progresses.
Read more at: https://navpointre.com
